\begin{table}[htbp]\centering
\def\sym#1{\ifmmode^{#1}\else\(^{#1}\)\fi}
\caption{Yield Elasticity: Instrumental Variable Estimate}
\begin{tabular}{l*{6}{c}}
\toprule
                    &\multicolumn{1}{c}{(1)}&\multicolumn{1}{c}{(2)}&\multicolumn{1}{c}{(3)}&\multicolumn{1}{c}{(4)}&\multicolumn{1}{c}{(5)}&\multicolumn{1}{c}{(6)}\\
                    &\multicolumn{1}{c}{\shortstack{DomBK}}&\multicolumn{1}{c}{\shortstack{DomNB}}&\multicolumn{1}{c}{\shortstack{DomCB}}&\multicolumn{1}{c}{\shortstack{ForBK}}&\multicolumn{1}{c}{\shortstack{ForNB}}&\multicolumn{1}{c}{\shortstack{ForCB}}\\
\midrule
l\_yield\_5y          &       1.196\sym{***}&       0.953\sym{***}&       2.742\sym{***}&       0.885\sym{***}&       2.819\sym{***}&       0.689\sym{***}\\
                    &     (0.333)         &     (0.304)         &     (0.774)         &     (0.290)         &     (1.061)         &     (0.186)         \\
real\_gdp\_growth     &       7.785\sym{**} &      -0.184         &      19.948\sym{**} &       2.683         &      14.968\sym{*}  &       4.899\sym{**} \\
                    &     (3.460)         &     (3.098)         &     (8.777)         &     (3.039)         &     (8.747)         &     (2.324)         \\
l\_gdp               &      -0.052         &       0.294         &       0.397         &       2.050\sym{***}&      -0.323         &       1.972\sym{***}\\
                    &     (0.488)         &     (0.433)         &     (1.301)         &     (0.427)         &     (1.322)         &     (0.366)         \\
l\_exp\_ratio         &       1.274\sym{*}  &       0.718         &       8.167\sym{***}&       2.096\sym{***}&       6.066\sym{**} &       1.352\sym{**} \\
                    &     (0.696)         &     (0.595)         &     (1.831)         &     (0.610)         &     (2.471)         &     (0.584)         \\
rate\_num\_loc        &      -0.139\sym{***}&      -0.091\sym{**} &      -0.308\sym{***}&      -0.118\sym{***}&      -1.455\sym{**} &       0.007         \\
                    &     (0.042)         &     (0.037)         &     (0.104)         &     (0.037)         &     (0.604)         &     (0.026)         \\
inflation           &       5.142         &       3.846         &      30.277\sym{**} &      14.965\sym{***}&       6.764         &      10.857\sym{***}\\
                    &     (4.574)         &     (3.858)         &    (12.074)         &     (4.017)         &     (9.946)         &     (3.990)         \\
\midrule
Observations        &         316         &         298         &         290         &         317         &         305         &         291         \\
\bottomrule
\end{tabular}
\end{table}
